Rithm Capital Corp. (RITM)
Rithm Capital Corp. (RITM) Q4 2024 Earnings Call Transcript
Rithm Capital Corp. (NYSE:RITM ) Q4 2024 Earnings Conference Call February 6, 2025 8:00 AM ET Company Participants Emma Bolla - Associate General Counsel Michael Nierenberg - Chairman, CEO and President Baron Silverstein - President, Newrez Conference Call Participants Bose George - KBW Doug Harter - UBS Kenneth Lee - RBC Capital Markets Giuliano Bologna - Compass Point Eric Hagen - BTIG Jay McCanless - Wedbush Matthew Erdner - Jones Trading Operator Good day, and welcome to the Rithm Capital Fourth Quarter and Full-Year 2024 Earnings Call. All participants will be in listen-only mode.
Rithm (RITM) Surpasses Q4 Earnings and Revenue Estimates
Rithm (RITM) came out with quarterly earnings of $0.60 per share, beating the Zacks Consensus Estimate of $0.45 per share. This compares to earnings of $0.51 per share a year ago.
Can Rithm Capital Navigate Rising Expenses in Q4 Earnings?
RITM's fourth-quarter earnings are likely to have been aided by higher interest income and asset management revenues.
Rithm (RITM) Expected to Beat Earnings Estimates: Should You Buy?
Rithm (RITM) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Rithm Capital: Attractive Opportunity Under The Right Rate Environment
Rithm Capital is a diversified mREIT with significant exposure to the real estate sector, focusing on origination, servicing, and investment segments. Due to the extreme impact of external factors, at the time of writing, Rithm Capital is a hold from an intrinsic value perspective. Despite interest rate risks, Rithm's built-in hedges and diversified revenue sources provide stability, with ~25% consolidated operating margins after normalization.
Rithm (RITM) Registers a Bigger Fall Than the Market: Important Facts to Note
In the most recent trading session, Rithm (RITM) closed at $11.34, indicating a -0.61% shift from the previous trading day.
Rithm (RITM) Upgraded to Strong Buy: Here's What You Should Know
Rithm (RITM) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Best Income Stocks to Buy for January 16th
RITM, SSTK and TSN made it to the Zacks Rank #1 (Strong Buy) income stocks list on January 16, 2025.
Rithm (RITM) Stock Slides as Market Rises: Facts to Know Before You Trade
Rithm (RITM) closed the most recent trading day at $10.96, moving -0.36% from the previous trading session.
Why Rithm (RITM) is Poised to Beat Earnings Estimates Again
Rithm (RITM) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Rithm Capital: Hawkish Fed, Strong Yield, Upside Potential In 2025
Rithm Capital offers a highly sustainable 9% dividend yield, paying out less than half of its distributable profits, making it an attractive choice for passive income investors. The trust's focus on Mortgage Servicing Rights, which gain value with rising interest rates, aligns well with the central bank's slower rate cut trajectory. Rithm Capital's diversification into asset management and acquisitions, like Sculptor Capital Management, enhances its growth potential and reduces reliance on mortgage investments.
This Stock Has A 9.21% Yield And Sells For Less Than Book
Rithm Capital has been named as a Top 10 Real Estate Investment Trust (REIT), according to Dividend Channel, which published its most recent ''DividendRank'' report. The report noted that among REITs, RITM shares displayed both attractive valuation metrics and strong profitability metrics.
